Computacenter plc (CCC) Rating Reiterated by Peel Hunt

Computacenter plc (LON:CCC)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 950 ($11.77) target price on the stock. Peel Hunt’s price target suggests a potential upside of 30.67% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Barclays PLC reissued an “equal weight” rating and set a GBX 750 ($9.29) price target on shares of Computacenter plc in a research report on Tuesday, August 30th. Berenberg Bank started coverage on Computacenter plc in a research report on Thursday, September 29th. They set a “hold” rating and a GBX 750 ($9.29) price target for the company. Finally, Credit Suisse Group AG decreased their price objective on Computacenter plc from GBX 1,020 ($12.63) to GBX 1,000 ($12.39) and set an “outperform” rating on the stock in a report on Friday, September 2nd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Computacenter plc presently has a consensus rating of “Buy” and a consensus price target of GBX 868.67 ($10.76).

Shares of Computacenter plc (LON:CCC) opened at 734.00 on Thursday. Computacenter plc has a one year low of GBX 666.45 and a one year high of GBX 885.00. The firm’s 50-day moving average price is GBX 713.88 and its 200 day moving average price is GBX 771.33. The stock’s market cap is GBX 885.32 million.

In other news, insider Greg Lock bought 12,500 shares of Computacenter plc stock in a transaction that occurred on Wednesday, November 9th. The shares were purchased at an average price of GBX 719 ($8.91) per share, for a total transaction of £89,875 ($111,327.88).

Computacenter plc Company Profile

Computacenter plc is a provider of information technology (IT) infrastructure services. The Company’s segments include UK, Germany, France and Belgium. The Company advises organizations on IT strategy, implement technology and manages its customers’ infrastructures. It provides user support, devices and secures provision of applications and data to support individual working styles.